$ 6.5B Record The open interest of Bitcoin options following BTC is always high By Cointelegraph


$ 6.5B Record The open interest of Bitcoin options following BTC is always high

The open interest on (BTC) option contracts have always peaked at $ 6.5 billion on December 17. That figure represents a threefold increase from 90 days ago and is proof that the market has grown significantly during the 6 last month.

Bitcoin interest total open options. Source: cryptorank.io

Investors must remember that while a $ 6.5 billion open interest is an impressive number, it does not necessarily mean that professional investors are bullish or bearish.

BTC Deribit’s short-term options open interest through strike action. Source: genesisvolatility.io
Deribit long-term BTC options open interest through strike. Source: genesisvolatility.io
Deribit Bitcoin options 30-20% skew delta. Source: genesisvolatility.io